. >> gregg: president george w. h bush is out of the hospital where he is receiving treatment for bronchitis. >> arthel: new round of meetings on capitol hill as president obama presses law makes to strike a deal. if they fail nearly all americans will see smaller paychecks and drastic cuts to federal spending. under the plan, the pentagon would lose about $500 billion over the next decade. cuts are so steep, defense secretary leon panetta saying that the military is not planning for it but without a deal this situation is days away from becoming a reality. so how will military leaders protect the country if this goes over the fiscal cliff is the question? let's bring in fox military analyst, job bob scales. let's break it down and tell me if we were to go over this cliff what would it mean in terms of the troops in morale and manpower? >> defense department is already given up half a trillion dollars over the next ten years. this doubles that to a full trillion dollars. what is the easiest thing, expenditure to get